Think Fast Talk Smart: Communication Techniques

75. Love & Money: How to Talk About Big Decisions Together

55 snips

Jan 10, 2023

In this engaging discussion, Abby Davisson, a social innovation leader and co-author of "Money and Love," teams up with labor economist Myra Strober to explore how love and money intersect. They share insights on making vital life decisions as a couple, emphasizing communication's role in managing impacts on family dynamics. From navigating career changes to addressing financial concerns, they offer practical frameworks for meaningful conversations. Listeners will learn the value of listening and adaptability in fostering strong relationships amidst challenging discussions.

Ask episode

AI Snips

Chapters

Books

Transcript

Episode notes

ADVICE

Five-Step Decision-Making Framework

Clarify your values and communicate with everyone involved in your decisions.
Consider various choices, consult trusted sources, and anticipate consequences.

ADVICE

Initiating Difficult Conversations

Prepare loved ones for important discussions; don't spring big news on them.
Schedule dedicated time for these conversations instead of blurting things out.

ADVICE

Seeking Helpful Feedback

Ask others about their decision-making processes, not for direct advice.
Gather examples and perspectives on similar situations to inform your choices.

Get the Snipd Podcast app to discover more snips from this episode

Get the app

Do love and money mix? Labor economist and Stanford Graduate School of Business professor emerita Myra Strober says absolutely.

“Separating money and love is not a good idea. I have had 40 years to think about this, and, in my class at the GSB on work and family, each semester I realize how important it is to intertwine love and money."

In this episode, Matt Abrahams sits down with Strober and social innovation leader Abby Davisson to discuss the thorny topics of work, money, career, and love. In their new book, Money and Love: An Intelligent Roadmap for Life’s Biggest Decisions, the coauthors provide a framework for communicating in and around tough decisions with those we love. These may include caring for aging relatives, expanding your family, changing careers or moving.

“If you are in a relationship, maybe you have kids or other people living in your household, the first thing you need to realize is that your career decisions are going to affect the whole ecosystem,” Davisson says. “It’s very important not just to clarify what you want, but to anticipate and think about the impact on those around you.”

Connect:

Premium Signup >>>> Think Fast Talk Smart Premium
Email Questions & Feedback >>> hello@fastersmarter.io
Episode Transcripts >>> Think Fast Talk Smart Website
Newsletter Signup + English Language Learning >>> FasterSmarter.io
Think Fast Talk Smart >>> LinkedIn, Instagram, YouTube
Matt Abrahams >>> LinkedIn

Episode Reference Links:

Myra Strober: Breaking Barriers at Stanford GSB
Achieving Balance In Work and Life, video with Myra Strober
Myra Strober: How the Workplace Works — or Doesn't — for Families
An Economist’s Take on Why Parental Leave Matters
How Companies Can Solve the Pay Equity Problem
Strober and Davisson on Forbes

********
This episode is sponsored by Grammarly. Let Grammarly take the busywork off your plate so you can focus on high-impact work. Download Grammarly for free today
Become a Faster Smarter Supporter by joining TFTS Premium.